Startup news: Arctico completes seed funding round

Nestor Villalobos' latest startup is Arctico, which will produce and sell prepackaged ice products. He said he thought of the idea having lived in the Dominican Republic where there is no sure way ensuring that any ice consumed is clean. The concept seems to be warming up investors.

Villalobos reports this week he just closed Arctico’s seed round of $255k in funding.

According to Villalobos, Arctico's inexpensive, purified ice in patented, tamper-proof, recyclable packages that can be transported as water. The pre-sealed, purified ice cools drinks more efficiently than traditional cubes and provides clean, filtered ice in places where customers may not trust local sources. So far, more than 45 restaurants, hotels, and bars have expressed interest in testing the product when it becomes available next year, he says.

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